Slide 1The Toyota Way
14 Management Principles
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Reference: The Toyota Way, by Jeffrey Liker. Prepared by: C. K. Vishwakarma, PMP
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The Toyota Way - 14 Management Principles
Principle 1
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Base your management decisions on a long-term philosophy, even at the expense of short-term financial goals.
The Toyota Way - 14 Management Principles
Principle 2
Create a continuous process flow to bring problems to the surface.
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Principle 3
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Principle 4
Level out the workload (heijunka). (Work like the tortoise, not the hare.)
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Principle 5
Build a culture of stopping to fix problems, to get quality right the first time.
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Principle 6
Standardized tasks and processes are the foundation for continuous improvement and employee empowerment.
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Principle 7
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Principle 8
Use only reliable, thoroughly tested technology that serves your people and processes.
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Principle 9
Grow leaders who thoroughly understand the work, live the philosophy, and teach it to others.
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Principle 10
Develop exceptional people and teams who follow your company’s philosophy.
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Principle 11
Respect your extended network of partners and suppliers by challenging them and helping them improve.
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Principle 12
Go and see for yourself to thoroughly understand the situation (genchi genbutsu).
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Principle 13
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Principle 14
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Reference: The Toyota Way, by Jeffrey Liker.
Prepared by: C. K. Vishwakarma, PMP